deposit:
- IDR 50,000
Trading platform:
- Mobile application
- Web-Plattform
deposit:
- IDR 50,000
Trading platform:
- Mobile application
- Web-Plattform
- Algorithmic trading and signal trading are available
Summary of Tokocrypto Crypto Exchange
Tokocrypto is a high-risk cryptocurrency exchange with the TU Overall Score of 2.93 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Tokocrypto clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker. Tokocrypto ranks 139 among 173 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria.
NOTE!
If you are planning to trade cryptocurrencies, and not just keep your savings in crypto wallets, we recommend that you choose one of the top brokers with reliable regulation and access to trading crypto CFDs. This type of trading will help you avoid holding your cryptocurrency in e-wallets of exchanges, which quite regularly get hacked. Also, availability of leverage will allow you to trade crypto CFDs for amounts much higher than your deposit.
Traders Union experts recommend considering Top 3 companies from our rating:
The Tokocrypto platform was launched in Indonesia in September 2018. Since 2020, it has been actively cooperating with Binance, the international exchange. In the same year, it introduced TKO (TokoToken) — a service token and a mobile trading application of its own design. At the moment, more than 2 million traders cooperate with Tokocrypto. They can trade more than 300 pairs, both independently and using artificial intelligence. Tokocrypto exchange affiliates offer their customers ready-made universal and individual bots, as well as paid and free signals. Today, Tokocrypto combines several cryptocurrency services, including a platform for selling NFT tokens.
💰 Account currency: | IDR, cryptocurrencies |
---|---|
🚀 Minimum deposit: | IDR 50,000 when depositing in BIDR, IDR 100,000 when depositing other cryptocurrencies or rupiah |
⚖️ Leverage: | Not provided |
💱 Spread: | Over 300 cryptocurrency pairs |
🔧 Instruments: | No data |
💹 Margin Call / Stop Out: | No |
👍 Advantages of trading with Tokocrypto:
- high-security level — protection of the mobile application with two-factor authentication and client funds’ storage in cold wallets;
- the possibility to combine different trading strategies, both active and passive;
- simple registration and fast verification;
- competitive commissions for the exchange of cryptocurrencies and withdrawal of funds;
- intuitive interface of trading platforms, excellent functionality;
- round-the-clock support in online chat and through popular instant messengers;
- existence of an affiliate program, regular discounts, bonuses, and contests among existing customers.
👎 Disadvantages of Tokocrypto:
- there is no possibility to trade with leverage;
- of fiat currencies, only the Indonesian rupiah (IDR) is available;
- to reduce exchange fees, a trading turnover of BTC 50 is required.
Evaluation of the most influential parameters of Tokocrypto
Geographic Distribution of Tokocrypto Traders
Popularity in
User Satisfaction i
Share your experience
- Best
- Last
- Oldest
Expert Review of Tokocrypto
The only fiat currency that Tokocrypto deals with is the Indonesian rupiah. However, the range of cryptocurrencies available for deposit and withdrawal is wide. The exchange accepts and withdraws Bitcoins, as well as more than 100 altcoins. At the same time, minimum withdrawal limits are set: BTC 0.001, ETH 0.00016, BNB 0.01, etc. In fiat, you can withdraw at least 100,000 rupiahs per application. Available daily limits depend on the level of verification that the client has passed (KYC 1, KYC 2).
Tokocrypto works closely with the Binance exchange. Together, BIDR (from Binance IDR) was developed, the first stable digital coin backed by rupiah at a ratio of 1:1. In June 2020, the Binance exchange included it in the list of stablecoins available for purchase and exchange. In addition to BIDR, Tokocrypto has TKO, its own utility token. For the storage (staking) of TKOs, the platform charges annual interest.
The trading terminal supports over 100 TradingView indicators, tools, and charts. There are minute, hourly, D1(1D), W1(1W), and MN1(1M) timeframes available. The Tokocrypto website and terminal are presented in two languages, Indonesian and English. Support is also provided in two languages. Several communication channels are available via chat, email, and Facebook. Educational materials and video guides are only available in Indonesian.
Dynamics of Tokocrypto’s popularity among
Traders Union’s traders, according to 2023 data
Investment Programs, Available Markets, and Products of the Crypto Exchange
Tokocrypto clients may also take advantage of algorithmic trading and signal trading. Both strategies allow you to receive passive income if you use the correct price forecast generated by artificial intelligence or a human. The Tokocrypto exchange does not have a permanent offer for staking cryptocurrencies. However, it charges annual interest for storing TKO coins in an internal wallet. The referral program is available to all clients.
Passive income at Tokocrypto | Algorithmic trading and signal trading
Automated trading at Tokocrypto is possible with the help of bots from CryptoHero, an affiliate. Traders can work with ready-made bots that place orders according to pre-set algorithms, such as DCA, Exit, and Price. More advanced users can set the trading parameters for the robot based on indicators or use the Trailing Stop Loss function. Tokocrypto also cooperates with KepingAi, a provider of trading signals developed using artificial intelligence and sophisticated machine learning algorithms.
The trading signal contains the following information:
pair designation, a minimum value of potential profit and Take Profit level;
the current value of the asset and the insurance order;
the average recommended purchase price;
the time elapsed since the signal was generated.
The cost of a monthly subscription to trading signals is IDR 150,000 and 190,000 (depending on the number of references). Also, a free package of 150 signals per month is available for BTC, ETH, and TKO. Investors who want to test the bots can connect to Paper Trading, a simulation trading using virtual $10,000.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Tokocrypto’s affiliate program
The base rate of the referral bonus is 20% of the trading commission of each attracted trader. An affiliate can increase the percentage of remuneration up to 50%. To do this, he needs to register in the TKO Angels community and connect at least 50 referrals.
The Tokocrypto affiliate program is multi-level, so income from second-level referrals is also available, with up to 30% of the fee amount.
Trading Conditions for Tokocrypto Users
Tokocrypto is an exchange for trading Bitcoins, stablecoins, and altcoins of various liquidity. It is possible to replenish the account both in cryptocurrencies and in fiat currency, but only in Indonesian rupiah.
IDR 50,000
Minimum
deposit
1:1
Leverage
24/7
Support
💻 Trading platform: | Applications for Android and iOS devices, web platform |
---|---|
📊 Accounts: | Standard |
💰 Account currency: | IDR, cryptocurrencies |
💵 Replenishment / Withdrawal: | Crypto wallets, bank transfer, Visa and MasterCard, Gopay, OVO Wallet |
🚀 Minimum deposit: | IDR 50,000 when depositing in BIDR, IDR 100,000 when depositing other cryptocurrencies or rupiah |
⚖️ Leverage: | Not provided |
💼 PAMM-accounts: | No |
📈️ Min Order: | 0.1%-0.02% of the trade amount |
💱 Spread: | Over 300 cryptocurrency pairs |
🔧 Instruments: | No data |
💹 Margin Call / Stop Out: | No |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Yes |
➕ Affiliate program: | No |
📋 Orders execution: | No |
⭐ Trading features: | Algorithmic trading and signal trading are available |
🎁 Contests and bonuses: | Free TKO coins for completing tasks at the platform, trading contests, commission discounts, cashback for transactions and deposits |
Broker comparison table of trading instruments
Tokocrypto | Bybit | OKX | XT.com | BitGet | Paxful | |
Forex | No | No | No | No | No | No |
Metalls | No | No | No | No | No | No |
Crypto | Yes | Yes | Yes | Yes | Yes | Yes |
CFD | No | No | No | No | No | No |
Indexes | No | No | No | No | No | No |
Stock | No | No | No | No | No | No |
ETF | No | No | No | No | No | No |
Options | No | No | No | No | No | No |
Tokocrypto Commissions & Fees
Account type | Spread (minimum value) | Withdrawal commission |
Standard | $1 per $1,000 trade | Yes. For most cryptocurrencies |
The comparison of the Tokocrypto fees and two other popular exchanges is presented in the below table.
Broker | Average commission | Level |
Tokocrypto | $1 | Low |
Binance | $6 | Medium |
Bybit | $20 | High |
Contacts
Foundation date | 2018 |
Registration address | Jl. Prajurit KKO Usman dan Harun No.16, RT.2/RW.1, Senen Jakarta, Indonesia 10410 |
Official site | https://www.tokocrypto.com/ |
Contacts |
Email:
support@tokocrypto.com,
Phone: 0811-1945-432 (WhatsApp) |
Read also about other cryptocurrency exchanges:
Articles that may help you
FAQs
Do reviews by traders influence the Tokocrypto rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about Tokocrypto you need to go to the broker's profile.
How to leave a review about Tokocrypto on the Traders Union website?
To leave a review about Tokocrypto, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about Tokocrypto on a non-Traders Union client?
Anyone can leave feedback about Tokocrypto on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.